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Short-Term Rental Market
Number of Airbnb Listings in Selected Cities in the United States as of December 2024 (Statista, Feb. 21, 2025)
“New York City accounted for 37,784 Airbnb listings in late 2024. Meanwhile, Los Angeles had 46,621 listings, making it the city with the most Airbnb listings in the ranking.”
The Perceived Impacts of Short-Term Rental Platforms: Comparing the United States and United Kingdom (Technology in Society, Jun. 2024) E
“Short-term rental platforms such as Airbnb have enjoyed considerable success in recent years. However, critics accuse the platforms of having negative impacts, leading to gentrification, disruption, and increased rent and house prices. While research has investigated actual impacts of short-term rental platforms, we lack systematic, generalizable, and comparative evidence on the perceived impacts of such platforms, especially from a social exchange perspective and on a country level. To address these shortcomings, we conducted a representative survey in the US and UK with a holistic set of perceived impacts. Using social exchange theory (SET) and applying a range of multi-variate statistical analyses, such as exploratory factor analysis, cluster analysis and discriminant analysis, we systematically compare these two contexts. The findings indicate that US residents assess short-term rental platforms more positively than UK residents, especially for recreational, amenities-oriented and economic impacts. Among respondents who have used short-term rental platforms as guests, the perceptions are more alike between the two countries, suggesting a homogenization effect. We discuss the theoretical and practical implications of the results.”
REALTORS® Confidence Index Survey (National Association of REALTORS®, Dec. 2024)
4% [of homes sold in Dec. 2024] were purchased for vacation use, unchanged from one month ago and down slightly from 5% one year ago.
Airbnb Bookings Already Past Pre-Pandemic High in 2023 (Statista, Nov. 2, 2023)
“Even before the global tourism rebound in 2022, Airbnb had found a way to take advantage of the unique circumstances created by the pandemic. “We are undergoing the biggest change to travel since the advent of commercial flying,” the company said at the beginning of 2022. “Remote work has untethered many people from the need to be in an office every day,” resulting in millions of people who can live anywhere.”
Compliance
Top Cities Where Airbnb Is Legal or Illegal (Investopedia, Sep. 5, 2023)
“Cities have taken a wide range of approaches to dealing with Airbnb and similar services, so any prospective host needs to know the laws for their city and to keep an eye out for changes to them in the future.”
Short-Term Rental Regulation Toolkit for Policymakers (AirBnB)
“A best practices guide to help local policymakers develop fair and balanced short-term rental regulations for registration, transient occupancy taxes, trust and safety, and data sharing.”
Responsible Hosting in the United States (AirBnB)
A source for recommendations and regulations on general regulations and local regulations.
Vacation Rental Regulatory Resources (Vrbo)
Find out how to stay in compliance with your area’s vacation rental regulations to remain in good standing with local officials and the community. Most government websites will include how to comply with local and state ordinances, such as tax instructions, health and safety standards, licenses/permits, and direct contact information.
* Please check with local government in your rental property area for information on permits, taxation, and regulations.
Websites & Other Resources
2021 Vacation Home Counties Reportpdf (National Association of REALTORS®, Jun. 2021) — There was a noticeable increase in net domestic migration in vacation home counties in 2020 as the median number of net movers rose to 98,279 from 78,114 in 2019. Only the Middle Atlantic division (New York, New Jersey, Pennsylvania) had a net outflow in both vacation and non-vacation home counties.
Rent Responsibly — Through efforts to advocate, celebrate, and educate, Rent Responsibly enables fellow short-term rental stakeholders to collaborate more effectively and efficiently in creating a sustainable future. We help our committed members around the world protect their right to rent and take a leading role in improving our communities.
Vacation Rental Management Association (VRMA) — VRMA works worldwide on behalf of our manager and supplier members to advance the vacation rental industry through education, information, networking, research, and advocacy.
eBooks
Airbnb for Dummies (eBook)
Airbnb for Property Investors (eBook)
Buying a Second Home (eBook)
Create Killer Vacation Rental Property Photos (eBook)
Complete Guide to Investing in Rental Properties (eBook)
The Complete Guide to Real Estate Finance for Investment Properties (eBook)
How a Second Home Can Be Your Best Investment (eBook)
How to Succeed and Make Money with Your First Rental House (eBook)
Leases & Rental Agreements (eBook)
The Real Estate Investor's Tax Strategy Guide (eBook)
The Second Homeowner’s Handbook: A Complete Guide for Vacation, Income, Retirement, and Investment (eBook)
Vacation Rental Management 411 (eBook)
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